Direct lending

Ares earnings call highlights private credit

CEO Arougheti and CFO Phillips strike optimistic notes of scaling ‘vintage after vintage’.

Bridgepoint Credit explains the lure of defensive business models

High barriers to entry and a strong share of growing markets are among the borrower characteristics that instil confidence for lenders, according to Paul Johnson and Andrew Cleland-Bogle of Bridgepoint Credit.

Pemberton launches credit fund for US pension plans

The evergreen fund will invest in a broad range of alternative credit strategies.

BlackRock launches debt fund to drive decarbonisation

The fund is the firm’s first debt vehicle dedicated to investing in companies that have the potential to drive efforts to achieve a low-carbon economy.

Pemberton Asset Management: Why LPs are warming to NAV financing

Lending against net asset values, or NAV, is proving a valuable source of liquidity and capital to private equity funds as they near the end of their investment period and move into the harvest period, says Pemberton’s Thomas Doyle.

Arrow Global: Direct lenders stand ready to address housing issues

Private debt has a key role to play in alleviating property shortfalls in Europe, say Arrow Global’s Mark Posniak and Maslow Capital’s Ellis Sher.

Blue Owl Capital: Private credit proves its flexibility across the cycle

Direct lending has grown sharply and looks set to account for a far greater share of the leveraged finance market in coming years, says Craig Packer, co-president of Blue Owl Capital.

Schroders Capital: Pivot to the opportunity the market is affording

In a dynamic market, not all opportunities arrive at the same time, so it is critical to have capital and a flexible approach to pivot to where opportunity intersects capability, maintain Michelle Russell-Dowe and Nicholas Pont of Schroders Capital.

Carruthers’ London return to spur Blackstone’s Europe push

London has played a bigger part in Michael Carruthers’ life and career than he might have imagined.